BlockTalks x GemUni AMA Transcript!
We recently hosted an AMA with GemUni, on December 2nd at 12 PM UTC. Many of you might have participated or many of not. But we make sure no one missed out from the knowledge shared by Ms. Cassie Nguyen, CEO & Co-Founder at GemUni So here we are up with the AMA transcript, for those who missed the live session, this blog post will be a saver & feeder of knowledge for them.
Introduction Questions Asked By Team BlockTalks!
Q1. Could you please introduce GemUni to our community in layman’s term?
Ans — Basically, GemUni is building a Decentralized Universe of Casual Games for everyone around the world to engage in Fun, Easy, and Play to Earn Games. You can imagine it as a decentralized version of “Steam” (Gaming Platform) with NFTs.
Users can enjoy addictive casual games with short playtimes and high pleasure while monetizing their experiences with gaming platform rewards and GENI Pass NFTs transactions.
GemUni comprises two ecosystems, GENI and GENIX.
In the GENI ecosystem, users can earn more with our varied DeFi mechanics, as well as trade NFT items on the GemUni’s NFT marketplace. GENI token is the main project cryptocurrency, enabling users to buy GENI Passes to access gaming networks and purchase other NFT assets.
In the GENIX ecosystem, users can enjoy diverse addictive casual games with short playtimes and high pleasure, while monetizing their experiences with gaming platform rewards. GENIX token is our in-game cryptocurrency, which allows users to buy game tickets and earn rewards.
GENI and GENIX can be converted back and forth, making it much more convenient for users to Play to Earn.
For more information, please visit our Gitbook: https://gemuni.gitbook.io/gemuni/
Q2. What are the advantages of GemUni to the other alternatives in the Blockchain field?
Ans — Well… While many play-to-earn projects usually focus on creating one distinctive game, we are not a single game, but a Gaming Platform. Players can not only have fun with hundreds of games (thousands in the near future) but also earn real-world values and connect with other blockchain gamers.
Another advantage we have is that it’s easy to earn a lot in GemUni. As GENI Passes are bought using GENI tokens, the value of the Passes will increase a lot if the GENI price increases.
For example, the expected ROI will all exceed 1000% if the GENI price increases 10 times after 12 months. So if you buy a Diamond Pass with the pre-IDO price of $585 (USDT), your ROI is estimated to hit 3700% after a year… 😎
Q3. What are the major milestones GemUni achieved so far & what are in the future pipeline?
Ans — Our milestones have been clearly defined in the roadmap and we are highly committed to make it happen.
In November, we have built up our Social & Community channels and completed the internal testing for Gaming site with full functions for play2earn.
This December, we will organize and publicize many activities. The key event this month is the INO for GENI Pass NFTs, held on Dec 12. In that event, we also launch Grand Opening the 1st Sale of GENI Passes and offer many exclusive gifts & promotions for participants. After that, we will launch the IDO on 2 different launchpads.
From Dec 15 to Jan 15, we will open the Beta test Gaming site for GENI Pass holders, including those who get Stone Passes today, with expected 100 games. So if you want to get this exclusive opportunity, don’t forget to interact a lot in this AMA. Around Dec 22–31 there will be our Christmas Gaming Challenge with very attractive rewards for playersl)
Next year, GemUni will continue to develop and introduce many more DeFi mechanics. Challenges and tournaments will also be frequently organized to engage with and build trust in communities. GemUni will expand partnerships with other studios, creators to publish more than 1000 Play-to-Earn games on the platform.
Stay tuned to our updates on the website: https://www.gemuni.io/
Questions Asked on Twitter For GemUni Team!
Q1. I read that there are five levels of GENI Passes: Stone, Topaz, Citrine, Ruby and Diamond. Can you explain the differences between each of these membership types within your platform? How these different levels will benefit users and attract others to join GemUni?
Ans — Each Pass will generate a different number of game tickets per day to play in Practice, PvE, and PvP modes. The higher Pass levels, the higer earning rates.
Stone Passes give users free access to play games only in the Practice Mode, and cannot earn. So, you can play for fun and practice as much as you want to master your skillsets; therefore, increase the chance of having higher earnings.
Topaz Passes require the lowest entry price (at only $150 BUSD), but allow you to participate and earn rewards in all PvE and PvP gameplay modes.
Citrine & Ruby Passes are higher level passes than the Topaz ones, thereby more game tickets to play and better chances to earn in the PvP.
Diamond Pass is the most powerful Pass in the GemUni gaming platform, which generates unlimited PvP tickets and grants access to maximum returns.
You can buy GENI Pass NFTs at the discounted price as soon as possible when joining our upcoming INO on Dec 12, 2021. So, please follow our community & social channels to get the latest updates.
For more information, please visit our website: https://www.gemuni.io/
Q2. Scrolling through your whitepaper, I read that GemUni will focus on two game modes: Free to Play and Play to earn. So, can access to the game be totally free for those who want it or really the benefits without limitations will be obtained by the players who invest in $GENIX?
Ans —You can freely access our Gaming Platform with Stone Passes. Each day, you will have 15 game tickets to play games in the Practice Mode. Though cannot earn, you can play for FUN and practice as much as you want to master your skillsets. When you are ready to purchase paid Passes, there is a higher probability that you can have maximum earnings.
For those who invest in our tokens, I am sure that you will enjoy a lot of benefits from our Play2Earn mechanics. Depending on GENI Pass levels, you will earn different amounts of GENIX. Especially, when you own Diamond Passes, you will be given unlimited PvP tickets per day and the highest betting power.
Q3. It’s important for users to know that the project is sustainable before investing, so can you tell us about your revenue system and how will you keep the Games Treasury funded?
Ans — This is a good one!
In GemUni’s business model, we have 3 main revenue streams:
1. GENI Pass NFTs sales
2. PvP Battling Pool fees
3. NFT Marketplace transaction fees
And especially, our Revenue Pool will be used to contribute back to GemUni’s Games Treasury pool, which will be used for rewarding our gamers in PvE modes. And we have internal mechanics to balance out to ensure the lucrative earning for each level of the pass:)
Q4. Since GemUni was born globally, so our whole team always have a global vision to expand the business, bring GemUni games to all casual game players around the world. Currently in which languages is GemUni available? Which countries do you estimate to reach?
Ans — Yes, since the first days of GemUni, we have had a vision to build our business at a global scale.
Currently, GemUni is available in English as we first aim at the largest crypto markets such as the USA and Europe, and major parts of the world can of course communicate in English:)
Moreover, we definitely have plans for localizing our Gaming Platform in multiple languagues like European languages, Southeast Asian local languages, Chinese, Japanese, Korean, etc. They are already on our Roadmap, just with the different level of priority. So please stay tuned to our updates in the near future!
Q5. Reading about your gaming platform you mention that users can choose one of the 3 game modes: practice, PvE and PvP to start. So, can you explain each of these three game modes available on your platform? What requirements do users have to have to be able to use each game mode?
Ans — With the Practice mode, you can only play to get familiar with the games but cannot earn.
With the PvE, you can choose between two gameplay modes: High Score and Leaderboard. In the High Score Mode, you will earn different amounts of GENIX, according to score ranges 1–100 on the platform. In the Leaderboard Mode, the top 10 highest-scoring users in the daily leaderboard of each game will earn rewards. There are 12 leaderboards per game every day.
In terms of PvP, you will need to deposit different amounts to earn, depending on the GENI Pass levels. Winning users or teams in each PVP battle will earn a 75% reward from its Battling Pool (25% is the pool fee).
In order to participate in these game modes, you have to own at least one of five powerful GENI Passes: Stone, Topaz, Citrine, Ruby, and Diamond. Stone Passes will only give you access to the Practice Mode, while other four Passes allow you to play and earn in all gameplay modes. The higher Pass levels, the higher earning rates.
Find out more about our game modes here: https://gemuni.gitbook.io/gemuni/play-to-earn-mechanics
Questions Asked by our BlockTalks Community Members during live Session to GemUni Team!!
Q1. So many projects just like to speak about the “long term vision and mission” but what are your short terms objectives? What are you focusing right now?
Ans — Our short term focus right now include:
- INO for GENI Pass NFT on Dec 12 (available on 5 launchpads)
- Beta Testing for Gaming Site for whitelisted users (GENI Pass Holders) from Dec 15 to Jan 15
- Christmas Gaming Challenge with very attractive Prizes for top Winners from Dec 22 to Dec 31
- IDO (first week of 2022)
- Then listing on Pancakeswap and KyberDMM
Q2. Can I play games without using the GENI Pass? Can I exchange my GENI Pass for another NFT in the game?
Ans — Nope, This is a FAQ, you can sell GENI Pass NFTs to take GENI/BNB tokens back, then take the GENI/BNB tokens to buy another NFT in the game!
Q3. On December 15, you will launch beta test Gaming site with full Play2Earn mechanics for whitelisted users. Have all registrations been made to the white list? If not, how can I participate to be part of the whitelist? And what benefits will the users listed who try this BETA version have?
Ans — You can participate in the whitelist for Beta Testing by purchasing our GENI Pass NFTs at INO (available on 5 different launchpads/NFT marketplace).
Users joining beta testing will be the first priority group to be able to experience the whole gaming platform. Especially, those joining Beta Test will be able to participate in our Christmas Gaming Challenge from Dec 22 to Dec 31 with very attractive PRIZEs:)
Q4. The idea of project is really unique and incredible, how did this idea come about?
Ans — Well, personal reason is that I’m a huge fan of Casual Games like Tetris, Angry Birds, Candy Crush Saga…among many others. Also spent a lot of money on these games, just pay to win:D
I was wonder what would be better if I can play all these easy and fun to play, and EARNING a lot at the same time, and connect with all my friends and family. So that’s why the idea of GemUni was born.
Q5. One thing that caught my attention is that you can lease NFT GENI Passes to other players to profit from their play2earn earnings. So, can you explain exactly how the concept of leasing NFTs on your platform works? How beneficial is it for both the lessor and the lessee?
Ans — This is a very good question as you catch our special point!
The GENI Pass NFTs holder can lease the Pass to other players by setting the profit sharing percentage on our platform and listing the leasing offer. When the players (leassees) play and earn profit from the games, the profit will be distributed between the leassor and leassee.
For the leasors, as one person and own multiple passes, if they don’t use all of the pass NFT (assets) then they can lease to make extra profit.
For leasee, they do not need to purchase a pass to play and earning from there!